Risks and gains of globalization for developing countries

National Taras Shevchenko University, Kyiv, Ukraine

Abstract

[1]  Today the world is changing, interrelating and integrating as fast as never before. This change has an increasing pace and an expanding character. In other words this change is called globalization. Process of globalization is experienced by every region, country, government, man and woman on Earth. It has an objective character and its own pros and cons. But what is the quantitative and qualitative effect of globalization on various states? What is the effect of this phenomenon on the main countries of our study - United States, Ukraine and Russia and what are the changes through years 2006 and 2007? To answer that we would have go through a set of calculations and analysis, as follows.

Received 17 September 2007; accepted 12 October 2007; published 26 November 2007.

Keywords: globalization, developing countries, globalization indices.

Index Terms: 1600 Global Change; 6300 Policy Sciences; 6600 Public Issues.

Citation: Zgurovsky, A. M. (2007), Risks and gains of globalization for developing countries, Russ. J. Earth Sci., 9, ES2004, doi:10.2205/2007ES000274.